eBook
hoopla Instant
Summary of Laura Shin's The Cryptopians
Year
2022
Language
ENGLISH
Publication Information
IRB
Summary
Please note: This is a companion version & not the original book. Book Preview: #1 The financial crisis of 2008 triggered the slow-motion toppling of global finance. The same year, a person or group named Satoshi Nakamoto published a white paper that described how people could bypass banks and use the internet to send each other money. #2 Financial institutions saw the potential in the blockchain, and began investing in it heavily. They also began exploring the use of ICOs, which allowed projects to raise funds in cryptocurrency by giving people a new token. #3 In 2013, Vitalik Buterin, a cryptocurrency developer, had an idea for a new blockchain technology that could support many kinds of applications. He emailed his idea to thirteen friends. #4 When he was younger, Vitalik was already showing signs of being extremely smart. He loved playing with Excel and producing the seven-year-old's equivalent of an Excel masterpiece, The Encyclopedia of Bunnies, a treatise on the lives, culture, and economy of the long-eared, short-tailed creatures.